Reuters The U.S. economy expanded at a modest pace in July and August, the Federal Reserve said last week, but there was little sign that wage pressures are being felt beyond highly skilled jobs. Most of the U.S. central bank's 12 districts around the country reported wage pressures remained "fairly modest" and were expected to remain so over the coming months, the Fed said in its Beige Book report of anecdotal information collected from business contacts.
Visit http://www.reuters.com/article/us-usa-fed-beigebook-idUSKCN11D2E4 to view the full article online.
|
Los Angeles Times Michigan would no longer require that someone be inside a self-driving car while testing it on public roads under legislation passed unanimously Wednesday by the state Senate, where backers touted the measures as necessary to keep the U.S. auto industry's home state ahead of the curve on rapidly advancing technology.
Visit http://www.latimes.com/business/la-fi-michigan-self-driving-20160907-snap-story.html to view the full article online.
|
Reuters The U.S. economy likely created 150,000 fewer jobs in the 12 months through March than previously estimated, the Labor Department said last week. The reading, which is a preliminary estimate of the department's annual "benchmark" revision to closely watched payrolls data, showed the retail, wholesale trade, education and professional and business services sectors accounted for the bulk of the downward revision.
Visit http://www.reuters.com/article/us-usa-economy-payrolls-idUSKCN11D1U0 to view the full article online.
|
StarTribune A tour of Ultra Machining Co. last year sold Bonnie Doucette on becoming a machinist. She enrolled in St. Cloud Technical & Community College. The state has smoothed her career path with a $6,000-a year-scholarship through a program that directs people to manufacturing jobs. Meanwhile, Doucette credits apprenticeships at Wright Technical Center and Ultra Machining with helping her in coursework.
Visit http://www.startribune.com/minnesota-manufacturers-look-for-personal-touch-to-fill-jobs/393056661/ to view the full article online.
|
Composites Manufacturing According to a newly published report from IHS Markit, entitled IHS Chemical Carbon Fibres, Chemical Economics Handbook, the usage of carbon fiber in automotive manufacturing is expected to nearly double from 2015 to 2020. According to the IHS report, global car production is expected to rise over the next couple of years to more than 110 million units in 2025, up from the estimated 88.7 million units in 2015. Much of the growth will come from the fast-expanding Chinese market. The report says the average car will incorporate nearly 350 kilograms (771.63 lbs) of plastics, up from 200 kilograms (440.92 lbs) in 2014.
Visit http://compositesmanufacturingmagazine.com/2016/09/new-report-carbon-fiber-automotive-manufacturing-double-2020/ to view the full article online.
|
Business Wire Optomec, a leading global supplier of production grade additive manufacturing systems for 3D printed metals today announced it signed an agreement with Fryer Machine Systems, a producer of high-quality, affordable machine tools. As part of the agreement, Fryer will integrate Optomec LENS metal additive manufacturing solution into its new LaserFab 3D hybrid machining centers. Pricing for Fryer’s hybrid VMCs (Vertical Machining Centers) will start under $350,000, which is less than half the cost of competing hybrid metal working machines.
Visit http://www.businesswire.com/news/home/20160912005440/en/Optomec-Fryer-Team-Expand-Industrial-Metal-Additive to view the full article online.
|
Forbes The challenge for SMBs is that IIoT is still in an emerging state of technology development – there are too many technology risks involved in funding deployments of IIoT solutions – while at the same time there is a real risk of losing business to larger organizations who are moving to deploy IIoT solutions. SMBs cannot afford to place a lot of research and development (R&D) bets on IIoT or any other aspect of their business. INEX Advisors hopes to address this challenge with the help of sponsors such as Dell, Analog Devices, PTC, Intel, and GE.
Visit http://www.forbes.com/sites/tiriasresearch/2016/09/06/inex-iiot-rd-at-edge-of-smb/#7298172844e8 to view the full article online.
|
Mining.com Canada's Barrick Gold, the world's most valuable producer of the precious metal, has signed a deal with Cisco Systems Inc. for a "digital reinvention" of its global mining operations, which is set to begin with the Cortez mine in Nevada. The plan is to apply the latest technology available to cut costs and bring additional value out of existing operations, Barrick said in a statement.
Visit http://www.mining.com/barrick-gold-cisco-push-mining-digital-era-starting-cortez-mine/ to view the full article online.
|
|